“Nuclear fission is the most complicated, fraught, expensive way to boil water to produce steam to drive electrical turbines.” What U.S. industry is at once the most subsidized and regulated by the federal government? The answer is commercial nuclear power. As a result, the 73-year-old “Atoms for Peace” program represents the most expensive failure (malinvestment) in US … Continue reading Nuclear at 70: Federal Subsidies and Regulation Did Not Work